Lower risk trades using Order prints and Walls


#1

There are several setups that allow you to utilize everything you have learned in power trading with walls. Below I will list a few of the ones that happen fairly regular and have small stops. Most of the stops in these trades range from 3-10 ticks depending on the closest strong wall.

  1. Playing ping pong in consistent, tight chop. If the edges of the chop are not consistent, the trade should not be attempted. This setup needs at least 3 bars that have already consistently hit nearly the same high and low for coil chop as is shown below, and it should not be done after 5 or so bounces or once the chop has changed. What is meant by chop changed? It means the chop did not go all the way to the top or all the way to the bottom. if it stops in the middle and reverses, this is a sign the chop will most likely end soon. The following screenshot shows how to ride from the top of the coil chop to the bottom, just one long bar. The entry MUST be within 1-3 ticks of the top/bottom of the edge of chop. The point is to ride it down to the bottom of the chop (or from the bottom to the top), and sometimes a breakout will be your reward; do not expect a breakout to happen, enjoy it if it does though.

  1. Tight chop ping pong: (coming soon)

  2. Power Play Special off a level. (coming soon)

  3. Order Print Zipper Touchback. (coming soon)

  4. Riding the Thunder (cluster) (coming soon)


#2

Looking forward to your trading incite. These should be great additional advanced trades. Not for the new trader. Thank you for all your effort mom.